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Held to ransom

While ransomware has been around for decades, in 2017 we’ve seen an unprecedented gear change in terms of the scale, severity and impact to businesses of these attacks. Organisations across the globe are continuing to count the cost of the fall out of May’s WannaCry, the largest ransomware attack in history, which was closely followed by NotPetya in June. These consequences are significant with one recent estimate putting the average cost of a single ransomware incident at more than $713,000. It’s not only the cost . . .

As cyber attacks continue to escalate, John Lyons, CEO of the International Cyber Security Protection Alliance, tells Robert de la Poer how international co-operation is key to combating the threat to critical systems